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What does the slip point mean in futures trading?
Slip point generally refers to the deviation between the real transaction price and the preset transaction price, which generally moves in a direction unfavorable to the trader, resulting in additional losses in the transaction. This is a situation that many new traders do not want to encounter, but it is the normal state of the real financial market.

Slip points mainly appear in the two operations of entry and stop loss, and will not appear in the profitable appearance. When the price rises rapidly, investors hope to enter the market in time to follow the market direction, resulting in many orders crowded into the long direction, while opponents are reluctant to sell and will not easily short or sell many orders. Therefore, in the rapidly rising price trend, there will often be obvious slippage in the price of long entry, because the price of traders entering the market one second ago is rising rapidly. At this time, the transaction of shorting or selling multiple orders is about to close, and the transaction price can be at the preset point.